OthersOutcome without intimation
Modern Denim Ltd approves unaudited Q1 2026 standalone results amid going concern uncertainties
Key Decisions
- Board approved unaudited standalone quarterly results for quarter ended 30 Jun 2026; Limited Review by J T Shah.
- Results prepared on going concern basis with material uncertainties disclosed.
- Rehabilitation scheme under Sections 230-232 of the Companies Act; NCLT order Jan 27, 2026; stock exchange approval pending.
- Company refiled with BSE to obtain requisite approvals.
- Not recognised interest on certain financial liabilities due to expected waiver under rehabilitation scheme.
- Non-current borrowings not fair-valued; unwinding of financial liabilities not provided (Rs 122.97 lacs).
- Auditors issued Limited Review Report; overall opinion not qualified.
- Company to reapproach NCLT after regulatory clearances.